LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeCommercial CodeDiv. 9Ch. 5§ 9521 Financing Statement Acceptance Rules

§ 9521 Financing Statement Acceptance Rules

Commercial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 9521 Financing Statement Acceptance Rules

Key Takeaways

  • •The government office must accept a written form called a 'financing statement' if it's in the right format.
  • •They can only say no if there's a good reason, like the form is missing important info.
  • •The same rule applies to a form that changes the first one, called an 'amendment form'.

Example

You want to borrow money using your car as a promise to pay back. You fill out a form to tell everyone about this deal.

The government office has to take your form if it looks right. They can't say no just because they don't like it. They can only say no if something important is missing or wrong.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 9521 Financing Statement Acceptance Rules

(a) A filing office that accepts written records may not refuse to accept a written initial financing statement in the following form and format except for a reason set forth in subdivision (b) of Section 9516: * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * NOTICE OF INCOMPLETE TEXT: The UCC Financing Statement form appears in the hard-copy publication of the chaptered bill. See Sec. 21, Chapter 531 (pp. 30–31), Statutes of 2013. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * (b) A filing office that accepts written records may not refuse to accept a written record in the following form and format except for a reason set forth in subdivision (b) of Section 9516: * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * NOTICE OF INCOMPLETE TEXT: The UCC Financing Statement Amendment form appears in the hard-copy publication of the chaptered bill. See Sec. 21, Chapter 531 (pp. 33–34), Statutes of 2013. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * (Amended by Stats. 2013, Ch. 531, Sec. 21. (AB 502) Effective January 1, 2014. Operative July 1, 2014, by Sec. 28 of Ch. 531. Note: See published chaptered bill for complete section text. The UCC Financing Statement forms appear in Ch. 531 on pages 30 to 31 and 33 to 34.)

Last verified: January 23, 2026

Key Terms

filing officewritten recordsinitial financing statementUCC Financing StatementUCC Financing Statement AmendmentSection 9516

Related Statutes

  • § 9516 Filing Office Record Acceptance
  • § 9520 Filing Office Refusal Rules
  • § 9514 Financing Statement Assignment Rules
  • § 9517 Filing Office Indexing Errors
  • § 9518 Correcting Financing Statements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Commercial Code. Section 9521.
View Official Source